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Government tries to deflect criticism over wildfires with appeal to patriotism
PoliticsGreek Politicsmonitoring system the carbon emissions from July’s fires have also been the highest on record at over 1
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Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2
EconomyBankingin H1, from 46 percent in the same quarter of last year. The organic cost of risk was steady at 1
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
Economyand Fitch again on December 1. DBRS issued a note on Greece on Friday, in which it argues
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CPI resumes upward trajectory in July, food inflation at 12.3 pct
EconomyMacroeconomyannually, from 2.8 percent in June. Month-on-month, the HICP was down by 1 percent. In July, the annual
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Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY
EconomyBanking. Capital The fully loaded Common Equity Tier 1 (CET1) ratio in H1 stood at 13.6 percent, from 11.7
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Industrial production drops for first time in 2023, down 3.6 pct in June
EconomyMacroeconomymovement was led by a decrease of 1.9 percent in manufacturing, 1 percent in mining, 0.7 percent
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Growing challenges await PM following summer break
PoliticsGreek Politicswill have to be balanced, though, against the government’s commitment to produce a 1 pct of GDP
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Travel surplus rises to 5.06 bln in June as arrivals soar by 26 pct in 6M
EconomyMacroeconomy-EU receipts were 1.21 billion euros. Average expenditure per trip was down by roughly 1 percent
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Government tries to mount defence against criticism about wildfires
PoliticsGreek Politicslinked to the devastation caused by this summer’s fires, which have burned approximately 1 pct
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Newsletter 391 - 01/09/2023
helped boost turnovers, in June it also dropped by 1 pct year-on-year, although that was mostly led
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